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2010 MNT to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the MNT to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 1.9228. Conversely, the yearly low was recorded on January 11, dropping to 1.3044.
This high-to-low spread represents a total annual volatility of 0.6183 UGX. From a start-to-finish perspective, comparing the January average rate of 1.3334 to the December average rate of 1.8831, the exchange rate registered a net change of 41.23% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 MNT based on timing:
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MNT to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 1.4876, compared to 1.7480 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.2603 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was March, with a trading range of 0.1217 UGX (High: 1.5296 / Low: 1.4079). On the other end, July was the most stable month, with a tight range of 0.0196 UGX (High: 1.6710 / Low: 1.6514).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 1.8831.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 1.3605 | 1.3044 | 1.3334 |
| February | 1.4329 | 1.3394 | 1.3872 |
| March | 1.5296 | 1.4079 | 1.4690 |
| April | 1.5322 | 1.4976 | 1.5184 |
| May | 1.6324 | 1.5191 | 1.5758 |
| June | 1.6711 | 1.5866 | 1.6420 |
| July | 1.6710 | 1.6514 | 1.6600 |
| August | 1.7423 | 1.6287 | 1.6867 |
| September | 1.7371 | 1.6829 | 1.7053 |
| October | 1.7897 | 1.7116 | 1.7430 |
| November | 1.8690 | 1.7820 | 1.8097 |
| December | 1.9228 | 1.8624 | 1.8831 |